Cryptocurrency
Judge Pauses CFTC Suit Against Soldier Over Polymarket Bets
A federal judge has frozen the Commodity Futures Trading Commission’s civil enforcement action against Gannon Ken Van Dyke, a U.S. Army master sergeant accused of leveraging classified intelligence to net over $400,000 from prediction market contracts tied to the removal of Venezuelan leader Nicolás Maduro.
Ripple Backs New Lending Infrastructure for XRP Ledger
Ripple has cast its support for two pivotal XRP Ledger amendments, XLS-65 and XLS-66, which aim to embed native vaults and institutional lending protocols directly into the network. While the move signals a major shift toward on-chain finance, the proposals still face a rigorous path to mainnet activation.
Ethereum pivots to quantum safety and native privacy in updated roadmap
Quantum security and native privacy have emerged as central pillars of Ethereum’s long-term technical evolution, according to a revised development strategy released by co-founder Vitalik Buterin. The updated "Strawmap" signals a shift in priorities for the network, moving toward post-quantum scaling and specialized verification methods through 2029.
Bitcoin coalition demands frontier AI access to combat cyber threats
More than 40 digital-asset organizations, led by the Bitcoin Policy Institute, have petitioned major AI laboratories for controlled access to advanced cybersecurity models. The coalition argues that as hackers increasingly leverage local, unmonitored AI for attacks, legitimate security researchers require similar tools to identify and patch critical software vulnerabilities.
Ethereum Staking Hits Record High Amid Price Slide
A record 41.7 million ETH is now committed to staking, locking away roughly one-third of the total circulating supply. This surge in participation persists despite a sharp market downturn, with Ethereum’s price dropping from $3,400 in January to $1,900, forcing a debate over the sustainability of current reward structures.
Coinsbuy Offers $100,000 Bounty Following $7.9 Million Wallet Breach
After unauthorized withdrawals drained an estimated $7.9 million from its Ethereum and TRON wallets on August 9, Panama-based crypto payments firm Coinsbuy has launched a $100,000 bounty for information identifying the attackers. The company has since restored platform operations and pledged to cover all losses from its own corporate reserves.
Mysten Labs reveals Tessera to bring private settlement to Sui
Mysten Labs has unveiled Tessera, a business-to-business settlement prototype designed to mask payment amounts on the Sui blockchain. By leveraging encrypted stablecoin transfers, the system aims to solve the transparency dilemma that keeps many institutions from adopting public ledgers for sensitive commercial operations.
BlackRock Canada debuts equity fund with 3% Bitcoin allocation
Canadian investors now have access to a single-ticker product that blends global stock market exposure with a small, strategic stake in Bitcoin. Trading under the ticker IBQT, the new iShares Equity + Bitcoin ETF Portfolio allows for diversified holdings without requiring direct cryptocurrency ownership or individual asset management.
BitMart faces insolvency claims as withdrawal frustrations mount
A co-founder of the decentralized AI network OpenGradient has publicly accused BitMart of insolvency, claiming his team is unable to retrieve funds from the exchange. The allegation arrives amid a phased wind-down of the platform, fueling skepticism about the company’s ability to honor user withdrawals before its final closure.
Strategy liquidates Bitcoin to fuel preferred stock buybacks
For the second consecutive week, Strategy has tapped into its Bitcoin reserves to fund the repurchase of its preferred stock. An Aug. 10 SEC filing confirms the company sold 1,690 BTC for $108.6 million, directing the entire sum toward retiring 1.15 million shares of its STRC preferred series.
Crypto hacks reach $110M in July as 2026 trends toward record losses
Cybercriminals drained roughly $110 million from digital asset projects in July, fueling a surge in activity that places 2026 on track to shatter previous records for major security breaches. Security platform Immunefi reports that the industry now faces a potential 114 large-scale incidents by year-end, far outpacing 2024 figures.
Tom Lee Touts Robinhood Chain as Gateway for Ethereum Mainstream Adoption
Bitmine Chairman Tom Lee projects that the Robinhood Chain, launched July 1, will stand as one of 2026’s most significant crypto milestones by bridging the brokerage’s 27 million customers with Ethereum-based financial services and positioning ETH as a core medium for everyday retail transactions.
SharpLink Reports $394M Quarterly Loss Driven by ETH Price Swings
SharpLink reported a $394.3 million net loss for the second quarter, as downward pressure on Ethereum prices triggered massive non-cash write-downs. While the bottom line took a sharp hit from accounting adjustments, the firm’s core staking operations saw revenue climb to $11.5 million, significantly outpacing the previous year’s performance.
BitMine Nears 5% Ethereum Ownership Goal Amid Stock Resistance
BitMine Immersion Technologies added 7,391 ETH to its treasury last week, bringing its total holdings to 5.81 million tokens—roughly 4.8% of the entire Ethereum supply. Despite this aggressive accumulation and a three-million-share buyback, the company’s stock, BMNR, struggled to maintain momentum near the $18.63 resistance level.
Bitdeer Scales Bitcoin Output as AI Data Deal Hits $4.7 Billion
Bitdeer Technologies Group saw its Bitcoin production surge nearly fivefold to 2,694 BTC in the second quarter of 2026, even as the company reported a widened net loss of $92.3 million. The miner’s aggressive expansion into self-mining capacity was coupled with a massive long-term data center agreement in Norway.
Revolut secures French banking licence, eyes Western Europe expansion
Revolut has secured a full banking licence in France, establishing its second major regulatory hub within the European Union. This approval allows the fintech giant to scale its lending, mortgage, and savings operations across the bloc, starting with its largest Western European market as it prepares for a Paris-based headquarters in 2027.
Standard Chartered projects 25x growth for Chainlink by 2030
Standard Chartered has initiated coverage of Chainlink with a $200 price target for the end of 2030, a 25-fold increase from current levels. The bank cites a surge in tokenized asset demand and decentralized finance activity as primary catalysts for the oracle network's long-term valuation.
MARA Holdings pivots treasury strategy as Bitcoin sales hit $1.63 billion
MARA Holdings offloaded 23,093 Bitcoin during the first half of 2026, generating $1.63 billion in liquidity. The move marks a significant shift in corporate policy, as the mining giant transitions from a pure-play Bitcoin holder to using its digital assets as a primary engine for infrastructure investment and debt restructuring.
Kimsuky Deploys Local AI Infrastructure to Automate Crypto Attacks
The North Korea-linked hacking group Kimsuky is building private artificial intelligence environments to evade detection while automating its cyberattacks. By running language models locally, the group avoids triggering security alerts associated with cloud-based AI queries, signaling a sophisticated shift in how hackers prepare for financial theft.
Ripple Mints 10 Million RLUSD as Whales Accumulate XRP
Ripple issued 10 million RLUSD on the XRP Ledger on Aug. 10, a move occurring alongside reports that large holders added 380 million XRP to their wallets over the past week. While the dual developments have drawn market attention, data suggests these actions reflect distinct institutional and investor strategies.
H100 Group Expands Treasury to 3,506 Bitcoin via Debt-Free Acquisition
Stockholm-listed H100 Group has finalized its acquisition of NSD AS, securing 2,455.37 Bitcoin and pushing its total corporate treasury to 3,506.4 BTC. The transaction, settled entirely through a share-for-share exchange, marks a significant expansion for the firm’s holdings without necessitating any cash outlay.
Coinsbuy reports $7.9 million loss in multi-chain wallet breach
Blockchain investigators identified a $7.9 million drain from payment processor Coinsbuy on Aug. 9, with stolen assets moving across both Ethereum and TRON networks. The incident prompted a temporary suspension of platform services as security firms tracked the illicit funds through several centralized exchanges toward privacy-focused Monero.
South Korea Opposition Seeks Three-Year Crypto Tax Delay
South Korea’s opposition People Power Party has moved to push back the implementation of a 22% cryptocurrency investment tax to January 1, 2030. The proposal arrives just days after the government reaffirmed its intent to begin taxing virtual asset gains starting in 2027, reigniting a long-standing legislative standoff.
Fake Wasabi Wallet App on Apple Store Linked to 6 BTC Theft
A fraudulent version of the privacy-focused Wasabi Wallet has surfaced on Apple’s App Store, leading to a reported theft of 6 BTC from a single user. This incident marks the 27th time this year that a malicious crypto wallet clone has bypassed Apple’s internal review process to reach the platform.
Crypto Investor Harry Yeh Dies After Fall from Asunción High-Rise
Paraguayan authorities are investigating the death of Harry Yeh, the founder of Quantum Fintech Group and a prominent figure in the Fantom blockchain ecosystem, who died after falling from the 30th floor of the Jade Park residential tower in Asunción on August 7.
Robinhood Launches Crypto Trading in UK With Over 50 Assets
Robinhood is expanding its reach into the United Kingdom by enabling cryptocurrency trading for eligible users, providing access to more than 50 digital assets. The move follows the company’s July 31 registration with the Financial Conduct Authority, marking a strategic push to integrate crypto into its existing UK investment platform.
UMX Opens Beta Integrating Crypto and Traditional Stock Markets
UMX, the exchange incubated by Li Lin’s Avenir Group, has launched an invitation-only public beta for professional investors. The platform aims to bridge digital and traditional finance by allowing users to trade U.S. stocks, ETFs, and options alongside crypto assets, using a shared capital framework for cross-asset liquidity.
Australia Pulls Plug on 96 Cryptolink ATMs Over Compliance Failures
Australia’s financial intelligence agency has silenced Cryptolink’s nationwide network of 96 Bitcoin ATMs for three months. The suspension, which took effect August 9, follows the operator's repeated failure to meet mandatory transaction reporting standards and a refusal to answer formal inquiries from regulators regarding high-risk activity.
Buyer of $100M in Trump-linked tokens tied to money laundering probe
Guren “Bobby” Zhou, the financier behind the $100 million purchase of World Liberty Financial tokens by the UAE-based firm Aqua 1, remains under the shadow of an active British money laundering investigation. Although never charged, Zhou’s past ventures and the origins of his capital have drawn intense scrutiny from lawmakers.
Bitcoin developers clash over BIP editor’s conduct
Conflict within the Bitcoin development community reached a boiling point on Aug. 9, as BIP editor Mark “Murch” Erhardt formally moved to remove colleague Luke Dashjr from his editorial role. The motion, submitted via a GitHub pull request, alleges procedural misconduct regarding the controversial BIP110 proposal and its recent chain split.